Adobe says Web-based Creative Cloud subscriptions growing strongly

Adobe has announced its quarterly earnings today, showing strong subscriber growth for its cloud-based bundled services.

Subscribers for Creative Cloud, the subscription-based version of its popular software bundle, also crossed the one million mark for the first time ever, after adding 331,000 subscribers in the third quarter.

CFO Mark Garrett says the company will top that figure in the fourth quarter, after closing more corporate contracts during the quarter than during the entire first half of the year.

Adobe began its move to a Web-based service last year, moving away from physical, licensed software.